FIBOCRYPTOCALL for 2/1/18

XBTUSD (Bitcoin)

The trend is your friend and Bitcoin has trended lower since the 12/18/17 high @ 1951.

We are looking for that trend to continue.

The falling 20 DMA @ 12110 and the rising 50 DMA @ 13348 are both above.

Bitcoin looks poised to take another leg LOWER with the 100 DMA@ 9521 now above.

Watch the 1/17/18 low @ 9185 as next support, 8886.82 (.764 level)

The 11/24 gap @ 8249.34 with the 11/13/17 low @ 5605 and the 200 DMA @ 6189